NU Online News Service, Dec. 06, 3:34 p.m. EST

In an effort to streamline the filing process for insurers and do a better job of distributing its resources, the New York State Insurance Department has started to implement a "modernization initiative."

"The department gave a lot of presentations to trade associations and we heard a universal theme that we could be more efficient," said Michael Moriarty, deputy superintendent for property and capital markets.

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